Mondelez Expects Fewer Price Increases
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12:30 Report — Fewer April jobs may bode well for interest rates
{beacon} 12:30 REPORT Happy Friday! This is a weekend full of festivities: The Kentucky Derby is tomorrow, and Cinco de Mayo is on Sunday! Here’s what’s in today’s edition: The U.S. economy added far fewer jobs than expected last month. The Fed ...The Hill - Politics -
FirstFT: Apple beats expectations
Also in today’s newsletter, Apollo and Sony team up for Paramount bid and Turkey cuts trade ties with IsraelFinancial Times - World - Apple -
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Gas stoves increase nitrogen dioxide exposure above WHO standards – study
Science Advances report also finds people of color and low-income residents in US disproportionately affected. Using a gas stove increases nitrogen dioxide exposure to levels that exceed public health recommendations, a new study shows. The ...The Guardian - World -
Weaker-Than-Expected Payrolls Push Down Dollar
The dollar fell in a week when the Fed was perceived as not too hawkish—after Chair Powell kept a rate hike off the table— and payrolls surprised to the downside, for a change.The Wall Street Journal - World -
Treasury Yields Fall on Weaker-Than-Expected Payrolls
Treasury yields fell, push down by weaker-than-expected payrolls.The Wall Street Journal - World -
Texas Democrat declares innocence ahead of expected indictment
Rep. Henry Cuellar (D-Texas) addressed an expected indictment following reports the Justice Department is preparing charges against him, saying he is “innocent of these allegations” and still plans to seek reelection. The Justice Department ...The Hill - Politics -
US loosens some EV battery rules, potentially increasing tax credit eligibility
West Virginia Sen. Joe Manchin says new rules governing electric vehicle tax credits are a giveaway to ChinaABC News - Top stories -
Gas stove emissions increasing childhood asthma rates, adult deaths: Stanford study
Residents of households with gas or propane stoves are regularly inhaling pollutants that are both exacerbating childhood asthma rates and causing early death, a coast-to-coast study of U.S. homes found. A mix of pollutants, with nitrogen dioxide ...The Hill - Politics